This is a very nice design idea, but I think some colors would not go well with it (certain flag colors, that is). like #49 I don't like too much as a color combination.
Can you make the Proud and the Label set colors, and the flag in the lower-left the only thing that would change? That's just one idea i have to change this for the better.
I like #82 out of your designs Heru. The blue sphere as the O for Proud doesn't seem to match the black lettering - can you try something else for that?